HARDWOOD RECORD 



53 



liug out linibi'i'. and Iliiit has bi eu tjikcii advau- 

 rag;^ of by many of the mills. A gcod Imsinoss 

 has been dene by the cypress people, cspi-fially 

 in mixed car lots, and from indications there 

 will be a good trade for several weeks to come, 

 unless the weather should suddenly lui'u very 

 cold. The factory demand is fair and ilie call 

 from the yards is satisfactory. Kecjuests from 

 the nortbeni territory are coniini; in nicely. 

 Cypress receipts are somewhat better than they 

 were and moro cypress is coming into tlie local 

 market than at any time during the car shortage. 

 Sash and door people are well satisfied with the 

 business they are doing. The call from the 

 eiiuntry yards has been hotter recently and 

 spi'cial work keeps up well. 



^EW ORLEANS 



Although trade is not what can be called brisk, 

 the !o(_al hardwood market is holding its own. 

 Nearly every variety of oak is in strong demand, 

 with prices very firm. The lo\<er grades of gum 

 are scarce and command high prices. Buying is 

 firm and the tendency tu fill orders^ as they are 

 booked holds sway. This keeps the mill stock 

 light. 



Notwithstanding the many obstacles in the 

 transportation of the export trade, a fairly heavy 



White Oak Flitches 



Will pay cash f. o. b. your 

 station for Quartered 

 White Oak Flitches 



CORRESPONDENCE SOLICITED 



PUTNAM VENEER & LUMBER CO. 



KOACHDALE, INDIANA. 



THREE STATES LUMBER CO. 



Manufacturers of 



SOUTHERN HARDWOODS 

 Cottonwood and Red Cum 



SPECtALTIES 

 Main Office, Memphis, Tenn. 



BLUESTONELAND& 

 LUMBER COMPANY 



MANUFACTURE R S 



West Virginia Hardwoods 



SOFT WHITE PINE 

 OAK POPLAR 

 CHESTNUT HEMLOCK 



BAND SAWED STOCK 



Complete Planing Mill Facilities 

 RIDGWAY, PENNSYLVANIA 



lnisini>ss is being done, tlie ilmitation lieius in-ac- 

 tically Hxcd by tlie possibilities of getting goods 

 loi-ward. While buying is limited and many 

 inirchasei-s abroad arc still holding off as mticli 

 as possible, (here is a volume of comparatively 

 small orders which in the aggregate keep up tlu' 

 total to about normal conditions. 



The restrictions placed by the railro.ads on the 

 movement of forest products are beginning to 

 show their effect in the decreased movement to 

 the port, and to some extent malve the laclj of 

 ocean tonnage less noticeable. The situation thus 

 simmers down to the freight conditions, and the 

 hardwood exports are governed to a marked 

 degree by tlie freight question. Oak seems to be 

 in good demand for export, and in some cases 

 fancy prices are offered. 



From all sections, however, come dissatisfied 

 reports relative to the ocean freight rat<'S and 

 the rehu-tance of the railroads to bring into 

 Xi'W tJricans more lumber than can he handled by 

 the steamship lines. The outlook for better rate 

 conditions is by no means encouraging, and what 

 change is noticed is almost uniformly in the way 

 of further increases. 



NASHVILLE 



The tone of the Xa.sbville hardwood market 

 continues strong, with active demand and con- 

 siderable inroads being made into dry stocks b.\- 

 ibi- drain that has been steady for several 

 inuntbs. riain and quartered oak continues to 

 be in the greatest demand. There is a satisfac- 

 tory demand for chestnut and poplar. Ash and 

 hickory are good sellers, with very light supplies 

 available. One local plant turned down an order 

 for ."jdO.OOO feet of plain oak and other smaller 

 orders because of inability to fill the orders. 



MILWAUKEE 



Wliili' there is a slight falling off in demand 

 frniii the building trade, owing to the lateness 

 of tile season, orders from various sources for 

 hardwood are coming in faster than they can 

 be tilled. Local wholesalers report the receipt 

 of an unusually large number of inquiries and 

 orders for this season of the year, but they 

 say they are handicapped in the delivery of 

 stocks. There seems to be a general shortage 

 here and at the mills about the state. Demand 

 from the sash and door plants, the furniture 

 liictoi-ies and the farm implement concerns is 

 tiecidedly hi'tter than at this time a year ago. 



lieports from the northern lumber country 

 indicate that prices at the trills are strong and 

 give promise of further advance as the shortage 

 of iiimber becomes more serious. First and sec- 

 ond birch is selling well, interior finish and sash 

 and door concerns buying considerably in this 

 line. There is a brisk movement in hard maple 

 ;iiKl wholesalers say that there is a shortage in 

 Michigan stocks, ilany dealers are looking to 

 Wisconsin mills for their supplies this season, 

 llasswood stocks at the mills seem to be well 

 cleared up. stocks of No. 1 and No. 2 common 

 being especially light. Both red and white plain 

 oalt is firm, while quartered white oak is 

 stronger than it has been recently. 



LIVERPOOL 



The uiaiket iHisition here is the most extraor- 

 dinary that has ever been known, even by the 

 oldest ini'n in the trade. Prices have gone up 

 to an incredible extent. This does not mean 

 that returns are higher to the shipper, but sea 

 freights liavo gone up to such an extent thai 

 prices liave been compelled to go up to corre 

 spond. The general opinion here is that present 

 values of freight will last until March, when a 

 very large number of ships, now in the hands 

 of the shipbuilders, will be launched ready for 

 sea. 



Hickory logs have actually been sold at first 

 band at '2s Od per cubic foot Liverpool string 

 measure for future arrivals. II is, however, 

 quite impossible to buy any further stocks on 

 the same basis. Shippers are asking 3s, but no 

 sales on this basis have been reported. 



Round ash is equally firm, and 2s 4d has been 

 mentioned as the value of first growth ash to 

 arrive. The mahogany position is exactly in the 

 same position, and .judging from recept sales 

 this market must continue very firm. Here again 

 the friught rates are the main cause of high 

 |)i-ices and March may see a change, though 

 there is, a very keen demand for hickory at 

 present. Canary whiiewood is selling very well 

 and good prices have been realized for stocks on 

 hand. The wider stocks especially are firm, 

 though the very high prices make the wood pro- 

 hibitive for many users. Black walnut is prac 

 tii^aiiy nou-existant and prices keep very firm. 

 Cheaper stocks are coining into favor. Tupelo 

 in 5x8 inch and 10x14 incii is in favor. Birch 

 is moving quietly and firmly, while all the oak 

 is sold at good prices as it arrives. Oak dimen- 

 sion orders are moving quietly and prices are 

 keeping very firm for future deliveries. Gum 

 stocks of ail kinds have been selling quite well, 

 as these are being used extensively as a substi- 

 inle for poplar. 



GLASaOW 



The tone of ilie timber trade in this section is 

 steady, with a continued movement into con- 

 sumption both from the quay and from the 

 various storage yards. Brokers are holding 

 g(]ods firmly on (he quay and if buyers cannot 

 be found at their jirices the goods are promptly 

 stored, brokers knowing well that advanced 

 lu'ices can be obtained simply by holding for a 

 -iliirit lime. The high f. o. b. prices of lumber. 

 r.iupleil with the abnormal rates of freight, 

 makes the consumption somewhat crippled. As 

 nnmerous freight contracts expire at the eiid of 

 fill.' year, the f. o. li. costs are bound to increase 

 still further. 



Imports meantime biiug unusually light cause 

 inroads to be made upon stocks in first hands. 

 Oak planks and boards and the various furniture 

 woods which arrived by the last two Baltimore 

 and Newport .\cws steamers were well cleared 

 direct from the quay, as was also the poplar. 

 The prices Avere well up to the standard, al- 

 though some of (he gradings were not what 

 should have been. Sap gum (hazel pine) and 

 black walnut arc in moderate request, but in 

 some instances the prices do not justify consign- 

 ment. .Spruce in first hands is well nigh de- 

 pleted and fresh imports are very improbable at 

 present rates of freight. (.'anadian pine deals 

 have arrived moderately within the last week 

 or two and keen competition is taking place 

 for the various widths. Baltic spruce has fallen 

 off slightly, the freight rate no doubt accounting 

 Inr this, but the small lots imported have been 

 rli-ared on arrival. The demand for shipbuilding 

 re(inirements continues unabated, and several 

 new contracts have been i)laced during the past 

 week. 



l-^reigh1s ;ill uviM- have now reached high level : 

 in fact well nii;h prohibitive for most parties, 

 unless much higher prices can be established. 

 The annual freight contracts being made at 

 present arc abnormally high. The uncertainty 

 of tlie steamship linos taking lumber when they 

 <-an get cotton is increased by the shortage of 

 cars for the inland movement on the other 

 side, and by restrictions on through bills of 

 lading as well as consignments by rail for certain 

 lini's of steamers. 



With prices advancing, buyers are showing a 

 liiidcncy to increase their holdings, a course 

 which will prove advantageous to themselves. 



The various markets in the west of Scotland 

 are in a healthy condition, and a good winter 

 trade is sure to be experienced. 



